Revel Collective portfolio carved up as administration confirmed

The majority of Revel Collective’s pub and bar estate is to be sold off as the group confirmed its entry into administration today.

 

However, 14 Revolution and six Revolucion de Cuba sites and one Peach Pubs venue were not part of the transaction and are being closed with immediate effect, with 591 employees made redundant.

 

The bar and pub operator formally appointed Lindsay Hallam, Matthew Callaghan and Oliver Wright of FTI Consulting as joint administrators after filing a notice of intention yesterday (26 January).

 

Fellow bar and nightclub operator Neos Hospitality acquired the Revel Collective’s Revolution, Revolucion de Cuba and Founders & Co brands, comprising 20 sites.

 

They will join Neos’s existing 19 venues, including brands Bonnie Rogues, Barbara’s Bier Haus and Circuit, with the group also planning to relaunch Tiger Tiger in London’s Haymarket as a multi-million pound hospitality destination this summer.

 

Meanwhile, 21 Peach Pubs sites were bought by Coral Pub Company, newly founded by Ted Kennedy, the owner of Pebble Hotels in West Sussex and former managing director of Whitbread’s managed pubs division.

 

The two transactions have saved 1,582 jobs across the Revel Collective’s sites and central support arm.

 

The group break-up comes roughly three months after the pub and gastro-pub operator launched a formal sales process alongside a strategic review.

 

At the time of the sale, the Revel Collective, which rebranded from Revolution Bars Group following a restructuring in October 2024, said the persistent economic conditions and the “cumulative impact of government interventions in the last Budget have combined to thwart the business’ ability to improve performance”.

 

The business said the costs associated with changes to the employer NICs threshold, minimum wage and duty on spirits stood in excess of £4m per year.

 

In an update on 19 December 2025, the Revel Collective stated it had engaged with “a significant number of potential acquirers of the businesses” but that the transactions being considered “would not be expected to deliver any return to shareholders”.

 

Trading in the company’s ordinary share on Alternative Investment Market (AIM) remains suspended pending further notice.

 

In October 2024, the business brought on Charlie McVeigh, founder of Draft House, and Gavin George, co-founder of the Laine Pub Company, as non-executive directors.

 

Luke Johnson was also named non-executive chairman of the business in late 2024, having acquired a 20% stake earlier that year.

 

The Revel Collective was founded in 1991 as a small bar in Ashton-under-Lyne, Manchester by friends Roy Ellis and Neil Macleod, both of whom left the business in 2013.

 

Closed Revel Collective sites

The closed Revolution sites are:

 

Cardiff
Durham
Exeter
Glasgow (Renfield Street)
Huddersfield
Ipswich
Leeds
Leicester
Manchester (Oxford Road)
Manchester (Parsonage Gardens)
Nottingham
Plymouth
Preston
Sheffield

 

The closed Revolucion de Cuba sites are:

 

Aberdeen
Cardiff
Derby
Harrogate
Liverpool
Reading

 

The Peach Pub closed is:

 

Kenilworth (The Almanack)